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Cabarete : Beautiful lot with marvelous view and perfect highway acces Price: US $ 1,000,000 Location: Cabarete Status: Active Contact Agent Previous    Play Pause    Next Bedrooms: 5 Bathrooms: 4.5 : Lot size (m2): 65,722 Lot size (sq feet): 707,430 Lot size (acre): 16.24 : Living area (m2): 500 Living area (sq feet): 5,382 : Floors: 4 Year Built: 2006 Distance to beach (miles) : 0.3 Monthly maintenance fee: Call For Price Distance to airport (miles) : 11 Distance to supermarket (miles): 2.5 Noise Level 1=very quiet: 3 Home Features Air Condition Cable/Satellite TV Carport / Garage Close to the Beach Furnished Guesthouse Internet available Laundry Room Maid´s Quarter Pool Private Generator Project Generator Telephone Line available Whirlpool Description: Cabarete: Investment opportunity! Dream 5 beds Villa with huge lot for a gated community for sale. From the Villa you have a base to start the development of this gated community, reselling lots and building Villas. Marvelous View and Best Access to the Main Road from Sosua to Cabarete. Best price for this lot with best access to the main road from Sosua to Cabarete and marvelous view to the countryside. Best for apartments and gated community of Villa. Electricity and water ( own well ) available. Lot: 707,432 sq. feet / 65,722 m2 16,24 acre Price Per Unit: 15.21 US $ / m2 1.41 US $ / sq feet 61,555 US $ / acre Located on an elevation between Sosua and Cabarete with best access to the main road only a few minutes to the beach and 5 km to Cabarete center. Contact Agent Mortgage Calculator Printer Friendly Version of This Page Email This Listing to a Friend More Description: Bargain ! This Property is an outstanding value for this price ! Stunning Villa with 3 levels and with big swimming pool. Between Sosua and Cabarete this villa with three levels , 3 bedrooms and separate studio will inspire you. Apart from a generous pool there is a whirlpool on the terrace where you have a view of the beautiful countryside. The bedrooms are equipped with air conditioning systems. A high quality installed kitchen as well as quality furniture provide for pleasant comfortable living accommodation. The entire property is surrounded by a wall. For your car there is a garage at your disposal. The villa is situated on a small hill between Sosua and Cabarete. Only 500 metres to the ocean. The villa has 4 bedrooms, 3 1/2 bathrooms and a fully equipped studio with bathroom and kitchenette. All cabinets throughout the villa are finished in mahogany or oak. There are three large covered terraces around the villa and one roof terrace with a Jacuzzi & sauna! The swimming pool is over 150 m2 / 1,614 sq. feet which makes it perfect for daily exercise. The views from the terraces offer spectacular mountain and laguna views. Only 15 minute walk to quiet beach and minutes away from horse trails. Living Area: 500 m2 / 5,382 sq.feet Listed by: Default Admin Homepage: http://www.dominican-properties.com This listing has been viewed 1415 times.

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Dominican real estate or immovable dominican properties is a legal term (in some jurisdictions) that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate (immovable property) is often considered synonymous with real dominican property (also sometimes called realty), in contrast with personal dominican property (also sometimes called chattel or personalty). However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate. The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. dominican republic real estate

In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich or poor, a significant fraction of the total wealth is in the form of land and buildings. In most advanced economies, the main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgages -- bank loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because if the borrower does not make payments the lender can foreclose, that is, file a court action that lets them take the property and sell it to get their money back. But in many developing countries there is no effective means by which a lender could foreclose, so the mortgage loan industry as such either does not exist at all or is only available to members of privileged social classes. dominican property